American Airlines will cut 30% of management and administrative staff, as the industry prepares for a slow recovery
American Airlines Group Inc. will cut its management and administrative staff by 30% as the airline prepares to shrink, with demand decimated by the coronavirus pandemic.
American is among the airlines that have said they are starting to see signs that demand is picking up after government travel bans, stay-at-home orders and fears of infection brought travel to a near halt in March and April. But the modest gains won’t be enough to save thousands of industry jobs. Carriers think it could take years for travel to return to...
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